High-Performance Electric Motorcycle Market growth to increase
The global high-performance electric motorcycle is set to grow by 23,600 units during 2021-2025, registering a CAGR of almost 28%. The report identifies the development of hubless electric motorcycles as the major trend in the market. Also, the advent of all-electric motorcycle racing and the rising focus on the development of electric motorcycles among major motorcycle manufacturers will positively impact the growth of the high-performance electric motorcycle market during the forecast period.To get more news about
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In addition, the report offers an up-to-date analysis regarding the current market scenario, the latest drivers and challenges that impact the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ARC Vehicle Ltd., Bell Custom Cycles, Curtiss Motorcycle Co., Evoke Electric Motorcycles (HK) Ltd., Harley-Davidson Inc., Lightning Motors Corp., Sarolea Manx Ltd., Songguo New Energy Automobile Co. Ltd., TACITA Srl, and Zero Motorcycles Inc. are some of the major market participants. The declining prices of Li-ion batteries, technological advances in high-performance electric motorcycles, and growing government support for the adoption of electric vehicles will offer immense growth opportunities in the market. Market vendors must strengthen their foothold in the fast-growing segments to leverage the current opportunities while maintaining their positions in the slow-growing segments.
To help businesses improve their market position, the high-performance electric motorcycle market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include ARC Vehicle Ltd., Bell Custom Cycles, Curtiss Motorcycle Co., Evoke Electric Motorcycles (HK) Ltd., Harley-Davidson Inc., Lightning Motors Corp., Sarolea Manx Ltd., Songguo New Energy Automobile Co. Ltd., TACITA Srl, and Zero Motorcycles Inc.
